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Q:

Which was the first modern industry to develop in India?

 

A) Iron and Steel Industry B) Cement Industry
C) Cottage Industry D) Engineering Industry
 
Answer & Explanation Answer: A) Iron and Steel Industry

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Q:

Improve the bracketed part of the sentence.

You and I must understand (one another), and that too without delay.

 

A) one other B) with one another
C) each another D) no improvement
 
Answer & Explanation Answer: D) no improvement

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Q:

Improve the bracketed part of the sentence.

The Centre can’t afford to procrastinate any further (at) framing rules to regulate the trading and use of bitcoin and other virtual currencies.

A) on B) under
C) of D) No improvement
 
Answer & Explanation Answer: A) on

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Q:

Improve the bracketed part of the sentence.

Look at this video clip in which (I, my friend and you) are enjoying a boat ride.

A) you, my friend and I B) I, you and my friend
C) my friend, you and I D) no improvement
 
Answer & Explanation Answer: A) you, my friend and I

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Q:

Improve the bracketed part of the sentence.

 

With a population of over one billion, India is the second (most popular countries) in the world.

A) more popular country B) most populous country
C) much popular countries D) No improvement
 
Answer & Explanation Answer: A) more popular country

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Q:

Improve the bracketed part of the sentence.

Our biological knowledge of even some of the commonest animals is (embarrassed) slight and it is here that zoos can be of inestimable value in amassing information.

A) embarrass B) embarrassingly
C) embarrassing D) No improvement
 
Answer & Explanation Answer: B) embarrassingly

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Q:

Which one of the following canons of taxation was not advocated by Adam Smith?

 

A) Canon of equity B) Canon of certainty
C) Canon of convenience D) Canon of fiscal adequacy
 
Answer & Explanation Answer: D) Canon of fiscal adequacy

Explanation:

Adam Smith propounded the following first four canons of taxation -(1)Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy.

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Q:

The members of NAFTA are

 

 

A) USA, Canada and Mexico B) USA, Canada and India
C) USA, Canada and Japan D) USA, UK and India
 
Answer & Explanation Answer: A) USA, Canada and Mexico

Explanation:

The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States and entered into force on 1 January 1994 in order to establish a trilateral trade bloc in North America.

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